Russell Investments hires Shelly Heier to lead global institutional client delivery

Seattle, 2024-10-07 – Strategic hire reinforces firm’s commitment to world-class service for institutional clients worldwide

Russell Investments announced today that Shelly Heier has joined the firm as Global Head of Institutional Client Service in a newly created role. Most recently, Heier served as President and Senior Consultant at Verus Investments. In her new position, she will focus on enhancing the delivery of Russell Investments’ holistic investment solutions and implementation services. Heier will lead a dedicated team of client chief investment officers, account executives, and client-service associates to strengthen and expand the firm’s international institutional relationships.

“Heier will also work closely with Kevin Turner and Rachel Carroll, who are responsible for Russell Investments’ North America consulting business, to ensure seamless alignment between client management and consulting services.

"We're thrilled to have Shelly as part of the Russell Investments team. Institutional clients are central to our mission, and having an industry veteran like Shelly leading our delivery will significantly strengthen our partnerships," said Lindy Freeman, Managing Director and Global Head of Institutional at Russell Investments.

With 26 years of industry experience, Heier played a pivotal role at Verus Investments in delivering both non-discretionary consulting and discretionary management services to institutional clients, including endowments, foundations, corporate pension plans, and public and multi-employer trusts. She also chaired Verus’ OCIO Investment and Alternatives Investment Committees, showcasing her strategic leadership in investment management.

Prior to Verus Investments, Heier started her career as a financial analyst for high-net-worth clients.

Heier, who reports to Freeman, is based in the firm’s Seattle headquarters.

About Russell Investments

Russell Investments is a global investment solutions firm providing a wide range of services to institutional investors, financial intermediaries, and individual investors. The firm has $301.5 billion in assets under management (as of June 30, 2024) for clients in 30 countries. Headquartered in Seattle, Washington, Russell Investments has 16 offices in major financial centers including London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, New York, Milan, and Dubai.

MEDIA CONTACTS

newsroom@russellinvestments.com

Any statements of opinion expressed within this publication are that of Russell Investments and are current at the time of issue. The information and opinion given in this publication is given in good faith. All opinions expressed are subject to change at any time. Russell Investments nor any of its staff accepts liability with respect to the information or opinions contained in this publication.

All investments carry a level of risk and do not typically grow at an even rate of return and could experience negative growth.

Any past performance results should not be seen as a guide to future returns. Any scenarios presented are an estimate of future performance based on evidence from the past on how the value of an investment varies and are not an exact indicator.

In EMEA this content is suitable for Professional Clients Only.

Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.

Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the "FTSE RUSSELL" brand.

Issued by Russell Investments Limited. Company No. 02086230. Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone +44 (0)20 7024 6000. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN.

© Russell Investments Group, LLC. 1995-2025. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.

CORP-12552